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BMW Pull out of F1


Ponty
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Well, I didn't see that one coming!

 

A source has revealed that in line with current press speculation BMW have indeed announced to their workforce that they are pulling out of F1, with effect from the end of this season. The team is up for sale but winding down procedures will begin in September if a buyer is not found by then.

 

Scary stuff and my heart goes out to the guys in Switzerland, especially the guy who used to work in my office who moved his entire family out there earlier this year.

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I wonder if they could go back to being Sauber. I know they lost their main sponsor when Red Bull took over Jaguar, but I think Peter Sauber still features fairly predominantly in that team.

 

Maybe Markus Liebherr could buy them.

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